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20121129
20121207
STATION
CSPAN 7
CSPAN2 3
CNBC 1
CNNW 1
LANGUAGE
English 13
Search Results 0 to 12 of about 13 (some duplicates have been removed)
CSPAN
Nov 29, 2012 10:00am EST
. going off the fiscal cliff will hurt our economy, it will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes, to replace the sequester, and pave the way for tax reform and entitlement reform. we are the only one was a balanced plan to protect the economy, protect the american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reform, it's going to be impossible to address our country's debt crisis and get our economy going again and create jobs. right now all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president and congressional democrats to tell the american people what spending cuts they are really willing to make. i'll take a few questions. it's been very clear over the last year and a half, i talked to the president about many of them. you can look at our budget. where we outline very specific proposals that we have in last year's budget and the budget from the year before. we know what the menu
CSPAN
Nov 29, 2012 9:00am EST
really avert the fiscal cliff 4908% of american families, at least when it comes to income tax. and it's necessary. we know what happened over the last several decades when it comes to progressivity, income inequality in our country. it's the worst it's been in almost 90 years. through 1980 and 2005, in a 25 year period in time, more than 80% of total increase of american income went to the wealthiest 1%. since the recession ended, more than 90% of the income growth in america has gone to the top 1%, while the media income to the middle class has declined to i could go on and give illustrations. i don't think i need to. at least to this group, but i will tell you when we address the issue of revenue and taxes, i have insisted in every meeting i've been in from simpson-bowles to all the games, but it has to at least protect their current progressivity of the tax code, if not improved for those of lower income categories. i think that's a starting principle for those. the second thing is that we must insist on is to protect the safety net for america. make no mistake. as good as we are t
CSPAN
Dec 6, 2012 12:00pm EST
administration. this one step would blunt the impact of the fiscal cliff for the vast majority of americans and give them the certainty they so badly need. it would also be a serious down payment on meaningful deficit reduction and ensure that our budget more closely reflects our values. , our fundamental belief in the american dream that if you work hard, you can still get ahead. leading republicans in the house and the senate, including senator snowe and congressman cole, have urged the house to move forward and pass this bill to provide badly needed security and certainty to middle-class families before the end of this year. i join their call. but let's not stop there. let's keep going and find additional areas of compromise and constructive common ground. to provide the business community with the certainty they need to plan, the deployment of investment capital so they can get americans back to work, to provide the market with certainty to sustain this recovery while continuing to invest in our future, and for families who need to know their budget future and who need to be able to hav
Current
Nov 30, 2012 6:00am PST
on the impact the fiscal cliff would have on americans at home. secretary of state clinton is warning not eaching a budget deal would have an impact on global economy global security. she gave a speech at the brookings institute yesterday and said she's hearing concerns from other countries about the choices we're making when it comes to the economy and it's essential that lawmakers in washington make a meaningful deal. we're back after the break. stay with us. i want to have that conversation. let's talk about it. really? you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pi
CNN
Dec 4, 2012 2:00am PST
between them. >> resa sayah, thank you very much. >>> up next, fiscal cliff futility. in 28 days, crippling tax hikes and spending cuts become a painful reality for every american if a deal does not get done. republicans are offering up a counter proposal to what the president offered a counter proposal that calls for $2.2 trillion in deficit savings. it includes $800 billion in tax reforms, 600 billion in medicare reforms and 600 billion in spending cuts. because it doesn't contain tax hikes for the wealthiest americans or specifics about which loopholes will be eliminated, the president immediately rejected the republican proposal. want to know how far apart democrats and republicans are? listen to this. >> i think we're going over the cliff. >> it's unfortunate the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to figure out what works for them. >> the president's idea of negotiation is roll over and do what i ask. >> it's clear to me they made a political calculation. if their ideas are different from ours, we can't guess wha
CSPAN
Nov 29, 2012 7:00am EST
't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most people understand it is a slope. it will be gradual. many people are looking to the stock-market to see what their reaction is if there is not a deal. that could have its own impact on the economy. host: author any strong advocates in the administration who maintain the payroll tax cuts? guest: chris van hollen is a top democrat in the house and has been vocal about saying we should continue it. larry summers said we should continue it. the obama administration had said that it was time to go back and let the tax cut expire. they have been quiet about that recently. host: now again, from "money" magazine. if you m
CNBC
Dec 3, 2012 9:00am EST
analysis, a, most americans don't understand what the fiscal cliff is or the impact that it could bring or do you think it's because they believe that ultimately we will get a deal by december 31st? >> well, as you say, it's a bit of a mystery why confidence is so high. it may have something to do with the housing market and house prices being up around most of the country. that probably does help confidence some. i expect as you point out that most people probably don't have on their radar how large a tax hit we could have early next year if the fiscal cliff actually materializes. so it is a mystery. it does seem like right now consumers aren't too worried about the fiscal cliff. >> at what point do you get concerned? it sounds like perhaps a risk of revisions to q-4 estimates to the downside at this point because as the negotiations grind on and we approach year end, it might reach more of the forefront of consumers' mind and they may pull back. are you concerned about that impact? >> i am. right now we only have october data in hand. and fiscal cliff fears really accelerated in novem
CSPAN
Dec 1, 2012 7:00am EST
manufacturer and pennsylvania. he spoke about the fiscal cliff negotiations. this is what he had to say. [video clip] >> the reason i am here is i want the american people to urge congress soon to begin the work we have by doing what we all agree on. both parties agreed we should extended the middle-class tax cuts. we have disagreements about the high end tax cuts. republicans do not want to raise taxes on people like me. i think i can pay a little more to make sure kids can go to college and we can build roads and invest so we are finding cures for alzheimer's. that is something we have to sort out. we already all agree on making sure middle-class taxes do not go up. host: this president's trip was covered in the "the new york post." back to the telephones with our discussion regarding the fiscal cliffs. ryan is the next caller. caller: i would like somebody to call and on the republic of mine and tell me with these george w. bush tax cuts over the past eight years, where are the jobs? if tax cuts create jobs, where are they at? that is one point. when speaker john boehner talks about obamacar
CSPAN
Nov 30, 2012 10:30pm EST
with both parties to find common ground. solving the fiscal cliff in a that addresses the true drivers of our debt and saves american jobs will be a great way for the president to start his second term and for the good of our country and my colleagues, we're ready to work with the president to achieve those goals. >> mr. speaker, a couple of things. first, on the issue of tax rates, are you willing to accept no deal that includes some increase in the top tax rates? and i'm also wondering, what our final deadline is on this. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table but revenues that come from closing loopholes, getting rid of special interest deduckses and not raising rates we think is better for the economy, pure and simple. secondly, the american people expect us to find common ground, to work together and to resolve this and frankly sooner is better than later. >> you've been doing this for a long time. can you be candi
CSPAN
Dec 4, 2012 10:00am EST
the fiscal cliff. eye roncally enough, something the house of representatives passed last may. in april set out a tax plan. in may passed a sequestration plan, went to the senate and said we're going to see you in the lame duck time period. we're in the lame duck and this had has to be solved. we have to solve the problem. the first thing is to define what the problem even is. it seems one group is talking about the real problems, the fiscal cliff, and the other group is talking about the real problem, the debt and deficit. what is the real issue? we have $16.3 trillion in debt as a nation. $1 trillion of overspending or each year for the last four years. let me set the example of what this really means. in 2007, our tax revenue, how much we were bringing in the treasury, is almost exactly what it is in 2012. from 2007 to 2012, the revenue is almost identical. the difference is our spending has gone up $1 trillion a year. from 2007 to 2012. so over the course of that time it's slowly built up. but each year we've been over $1 trillion in spending. while our revenue has stayed consistent bas
CSPAN
Nov 29, 2012 8:00pm EST
off the fiscal cliff. we have people out there trying to undermine our way of life. there is a lot to be afraid of -- al qaeda coming back to our shores, recruiting american citizens to help their endeavors. i hate to say it. in every war we have ever been in, there have been occasions where americans joined the enemy. and in world war ii, that happened. you had german saboteurs land in long island, aided and abetted by american citizens sympathetic to the nazis. all of those american citizens in in re curran were held in military custody and tried by the military because we have long understood that when you join the enemy, that is not a crime but an act of war. we have very bad people who get a right to a jury trial. i will be the first one to say that when you go to court, no matter if you're the worst terrorist in the world, you will get a jury trial, you will get a lawyer and you will have your due process rights. but the difference that i'm trying to inform the body of, when you're fighting a war, the goal is not to prosecute people. the goal is to win. and how do you win a w
CSPAN
Nov 30, 2012 9:00am EST
of the congressional black caucus, believe it or not, do not agree 100% on how to solve the so-called fiscal cliff situation. but, there is 100% agreement, 100% agreement, among congressional black caucus leaders, that we do not want an austerity cliff where we have -- where this leads to increased poverty and exacerbates the hardship for low and middle class families. and that the wealthiest individuals and corporations should have to pay their fair share of taxes. as a member of the budget committee and the democratic chair of the congressional caucus for women's issues, i have a lot of thoughts on the fiscal cliff negotiations. first of all, we must include a robust extension of federal unemployment benefits for workers. mr. scott, has there ever been a time when the unemployment rate, 7.%, has ever been this high and on a bipartisan basis, on a bipartisan basis, this congress has not provided extended unemployment basis for workers? mr. scott: if the gentlelady would yield. the practice that we would -- it is generally the practice we would extend emergency unemployment compensation for longer
Search Results 0 to 12 of about 13 (some duplicates have been removed)